US will reportedly press allies to keep Huawei out of 5G in Prague meeting

If the underlying technology for 5G connectivity is vulnerable then it could allow hackers to exploit such products to spy or disrupt them. The United States has been meeting with allies in recent months to warn them Washington believes Huawei’s equipment could be used by the Chinese state to spy. A U.S. official familiar with the plan said the Prague meeting marks a strategic shift in how the U.S. government plans to urge allies to drop Huawei and other 5G vendors in the future, which Washingto


If the underlying technology for 5G connectivity is vulnerable then it could allow hackers to exploit such products to spy or disrupt them. The United States has been meeting with allies in recent months to warn them Washington believes Huawei’s equipment could be used by the Chinese state to spy. A U.S. official familiar with the plan said the Prague meeting marks a strategic shift in how the U.S. government plans to urge allies to drop Huawei and other 5G vendors in the future, which Washingto
US will reportedly press allies to keep Huawei out of 5G in Prague meeting Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: thomas peter
Keywords: news, cnbc, companies, european, meeting, security, networks, vendors, united, huawei, press, reportedly, allies, chinese, prague, states, 5g


US will reportedly press allies to keep Huawei out of 5G in Prague meeting

The United States will push its allies at a meeting in Prague next month to adopt shared security and policy measures that will make it more difficult for China’s Huawei to dominate 5G telecommunications networks, according to people familiar with the matter and documents seen by Reuters.

The event and broader U.S. campaign to limit the role of Chinese telecommunications firms in the build out of 5G networks comes as Western governments grapple with the national security implications of moving to 5G, which promises to be at least 100 times faster than the current 4G networks.

The issue is crucial because of 5G’s leading role in internet-connected products ranging from self-driving cars and smart cities to augmented reality and artificial intelligence. If the underlying technology for 5G connectivity is vulnerable then it could allow hackers to exploit such products to spy or disrupt them.

The United States has been meeting with allies in recent months to warn them Washington believes Huawei’s equipment could be used by the Chinese state to spy. Huawei Technologies Co Ltd has repeatedly denied the allegations.

Officials from more than 30 countries will meet May 2-3 to agree on security principles for next-generation telecoms networks, said Robert Kahofer, chief of cabinet at Czech cybersecurity agency NUKIB.

A U.S. official familiar with the plan said the Prague meeting marks a strategic shift in how the U.S. government plans to urge allies to drop Huawei and other 5G vendors in the future, which Washington believes pose a risk to national security. The official described the approach as “softer.”

A Huawei spokesman did not immediately respond to a request for comment.

U.S. proposals for the Prague meeting urge governments and operators to consider the legal environment in a vendor’s country, how much state support a company receives, transparency of corporate structure, and trustworthiness of equipment. It also calls on partners to prioritize security and work together on investigations into cyberattacks aimed at 5G architecture.

The documents do not mention Huawei, the world’s largest telecoms equipment maker, by name, but U.S. officials said they hoped it would provide the “intellectual framework” needed for other countries to effectively bar Chinese vendors. In August, U.S. President Donald Trump signed a bill that barred the U.S. government itself from using Huawei and ZTE Corp equipment.

“The goal is to agree upon a set of shared principles that would ensure the security of next-generation telecommunications networks,” said one of the officials, who spoke on condition of anonymity to discuss private conversations.

The Prague conference has been organized by the Czech foreign ministry with support from NUKIB, said Kahofer. The foreign ministry did not respond to requests for comment.

Delegations from all of the European Union’s 28 member states, as well as the European Commission, NATO and around eight other countries including the United States and Australia are expected to attend, Kahofer said.

China and Russia have not been invited, he added, but stressed that the event was not “an anti-Huawei or anti-China conference.”

Europe has emerged as a key battleground for the future of 5G, with the United States pushing allies and partners to bar Chinese vendors but European governments wary of the trade and economic consequences of angering Beijing.

Internet service providers have also warned that banning Huawei would incur huge costs and delay the rollout of 5G by years.

A senior U.S. cybersecurity official said last week Washington wanted European governments to adopt “risk-based security frameworks”, citing recent moves in Germany to implement stricter security standards for all 5G vendors, and that doing so would effectively rule out using Huawei and ZTE.

“The United States welcomes engagement from partners and allies to discuss ways that we can work together ensuring that our 5G networks are reliable and secure,” said White House National Security Council spokesman Garrett Marquis.

Officials in Britain, which last month exposed new security flaws in Huawei equipment but says it has found no evidence of Chinese state interference, have also spoken of “raising security across the board” for 5G.

The European Commission said in March that EU nations would be required to share data on 5G cybersecurity risks and produce measures to tackle them by the end of the year.


Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: thomas peter
Keywords: news, cnbc, companies, european, meeting, security, networks, vendors, united, huawei, press, reportedly, allies, chinese, prague, states, 5g


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As Trump pressures Powell, Wall Street gives the Fed a passing grade

A separate New York Fed survey of market participants that includes large investors showed that 57 percent gave the top two effectiveness scores while a quarter gave the lowest two scores. But if markets find the Fed’s message confusing or not credible, they may surge or slump in ways that undermines the Fed’s impact. The emphasis on communications is also evident in Powell’s decision this year to hold news conferences after every Fed meeting, double the previous frequency. The New York Fed did


A separate New York Fed survey of market participants that includes large investors showed that 57 percent gave the top two effectiveness scores while a quarter gave the lowest two scores. But if markets find the Fed’s message confusing or not credible, they may surge or slump in ways that undermines the Fed’s impact. The emphasis on communications is also evident in Powell’s decision this year to hold news conferences after every Fed meeting, double the previous frequency. The New York Fed did
As Trump pressures Powell, Wall Street gives the Fed a passing grade Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: brendan smialowski, afp, getty images
Keywords: news, cnbc, companies, grade, powell, pressures, wall, message, meeting, policymakers, rates, street, fed, passing, gives, markets, feds, york, trump, rate


As Trump pressures Powell, Wall Street gives the Fed a passing grade

A separate New York Fed survey of market participants that includes large investors showed that 57 percent gave the top two effectiveness scores while a quarter gave the lowest two scores. Both surveys were conducted March 6 to 11.

The grades are important because they help the Fed gauge how well its message is getting through to financial markets. The Fed relies on its credibility with investors to influence the economy.

After raising rates four times in 2018, a majority of Fed policymakers at their latest meeting in March expected that they would leave rates in their current 2.25-2.50% range for the rest of the year due to uncertainty about how much the global economy is slowing.

A well-honed message that rates are likely to stay on hold for a while can help ease financial conditions when central banks think those conditions overly tight. But if markets find the Fed’s message confusing or not credible, they may surge or slump in ways that undermines the Fed’s impact. That was the case late last year, when markets swung sharply in response to statements by Powell widely regarded by investors as communication missteps.

President Trump, meanwhile, has publicly slammed the central bank’s prior rate hikes for thwarting economic growth and he also pressed policymakers to change course.

Lewis Alexander, the chief economist at Nomura Securities, said the Fed moved policy “quite a lot” from December to March and that calibrating their language so everyone could understand it was not going to be easy.

“Powell’s stated intention to use plain language I very much endorse; there’s nothing in this world that can’t be explained thoroughly but simply,” he said.

The Fed is increasingly keen on its ability to communicate. Powell has instructed a small group of policymakers to come up with ways to improve it, minutes of the Fed’s March meeting published on Wednesday showed. This reflects concern that markets may take Fed forecasts on rates and the economy as promises rather than best-guess projections.

The emphasis on communications is also evident in Powell’s decision this year to hold news conferences after every Fed meeting, double the previous frequency. Even the New York Fed’s inclusion of the question on communications effectiveness in the March survey may reflect increased interest, given that historically it has posed that question only once a quarter.

Grades generally go up when the Fed does as expected and fall when it surprises, the Reuters analysis of grades over the last nine years show. The New York Fed did not make its pre-2011 surveys available.

Powell and other Fed policymakers have tried to dispel any perception that it could derail the economy by being too aggressive. Stocks leapt higher after Powell signaled he would be open to taking a go-slow approach on rate hikes.

In October 2015, when the Yellen Fed was navigating the difficult transition from years of super-low interest rates to a cycle of rate hikes, she got the worst grade of her tenure — an average 2.27 out of 5.

The Bernanke Fed did worse, getting a grade of 2.1 in late 2013, when they did not begin to taper the Fed’s bond purchases in September as markets had expected. His grades later recovered as the Fed limited its controversial quantitative easing program.


Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: brendan smialowski, afp, getty images
Keywords: news, cnbc, companies, grade, powell, pressures, wall, message, meeting, policymakers, rates, street, fed, passing, gives, markets, feds, york, trump, rate


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Amazon exec tells employees that Go stores will start accepting cash

Amazon Go stores, which let customers buy items without waiting in checkout lines, will start accepting cash, amid intensifying criticism that the company is discriminating against the unbanked. In an internal all-hands meeting last month, Steve Kessel, Amazon’s senior vice president of physical stores, told employees that the company plans “additional payment mechanisms” at its Go stores. Kessel was responding to a question about how Amazon plans to address “discrimination and elitism” at the c


Amazon Go stores, which let customers buy items without waiting in checkout lines, will start accepting cash, amid intensifying criticism that the company is discriminating against the unbanked. In an internal all-hands meeting last month, Steve Kessel, Amazon’s senior vice president of physical stores, told employees that the company plans “additional payment mechanisms” at its Go stores. Kessel was responding to a question about how Amazon plans to address “discrimination and elitism” at the c
Amazon exec tells employees that Go stores will start accepting cash Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-10  Authors: eugene kim, stephen brashear, getty images
Keywords: news, cnbc, companies, company, amazon, methods, start, cash, tells, employees, kessel, exec, meeting, accepting, payment, plans, stores, waiting


Amazon exec tells employees that Go stores will start accepting cash

Amazon Go stores, which let customers buy items without waiting in checkout lines, will start accepting cash, amid intensifying criticism that the company is discriminating against the unbanked.

In an internal all-hands meeting last month, Steve Kessel, Amazon’s senior vice president of physical stores, told employees that the company plans “additional payment mechanisms” at its Go stores. Kessel was responding to a question about how Amazon plans to address “discrimination and elitism” at the cashierless stores, which charge purchases using an app connected to a bank or credit card.

Kessel highlighted some of the new payment methods Amazon has recently added to its site, including a pilot that accepts government subsidized SNAP benefits and a new program called Amazon Cash, which lets users add cash to their digital accounts by bringing money to a local store like 7-Eleven or CVS.

“We’re in earlier days but it’s an important focus for us and we’ll continue to extend those methods with our stores,” Kessel said at the meeting, a recording of which was heard by CNBC. Kessel didn’t provide a time frame for the changes or specifically say what the company will do.


Company: cnbc, Activity: cnbc, Date: 2019-04-10  Authors: eugene kim, stephen brashear, getty images
Keywords: news, cnbc, companies, company, amazon, methods, start, cash, tells, employees, kessel, exec, meeting, accepting, payment, plans, stores, waiting


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Amazon exec tells employees that Go stores will start accepting cash

Amazon Go stores, which let customers buy items without waiting in checkout lines, will start accepting cash, amid intensifying criticism that the company is discriminating against the unbanked. In an internal all-hands meeting last month, Steve Kessel, Amazon’s senior vice president of physical stores, told employees that the company plans “additional payment mechanisms” at its Go stores. Kessel was responding to a question about how Amazon plans to address “discrimination and elitism” at the c


Amazon Go stores, which let customers buy items without waiting in checkout lines, will start accepting cash, amid intensifying criticism that the company is discriminating against the unbanked. In an internal all-hands meeting last month, Steve Kessel, Amazon’s senior vice president of physical stores, told employees that the company plans “additional payment mechanisms” at its Go stores. Kessel was responding to a question about how Amazon plans to address “discrimination and elitism” at the c
Amazon exec tells employees that Go stores will start accepting cash Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-10  Authors: eugene kim, stephen brashear, getty images
Keywords: news, cnbc, companies, tells, methods, cash, payment, plans, amazon, employees, accepting, start, stores, exec, meeting, company, kessel, waiting


Amazon exec tells employees that Go stores will start accepting cash

Amazon Go stores, which let customers buy items without waiting in checkout lines, will start accepting cash, amid intensifying criticism that the company is discriminating against the unbanked.

In an internal all-hands meeting last month, Steve Kessel, Amazon’s senior vice president of physical stores, told employees that the company plans “additional payment mechanisms” at its Go stores. Kessel was responding to a question about how Amazon plans to address “discrimination and elitism” at the cashierless stores, which charge purchases using an app connected to a bank or credit card.

Kessel highlighted some of the new payment methods Amazon has recently added to its site, including a pilot that accepts government subsidized SNAP benefits and a new program called Amazon Cash, which lets users add cash to their digital accounts by bringing money to a local store like 7-Eleven or CVS.

“We’re in earlier days but it’s an important focus for us and we’ll continue to extend those methods with our stores,” Kessel said at the meeting, a recording of which was heard by CNBC. Kessel didn’t provide a time frame for the changes or specifically say what the company will do.


Company: cnbc, Activity: cnbc, Date: 2019-04-10  Authors: eugene kim, stephen brashear, getty images
Keywords: news, cnbc, companies, tells, methods, cash, payment, plans, amazon, employees, accepting, start, stores, exec, meeting, company, kessel, waiting


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Chinese billionaire met with Australia’s Peter Dutton: Report

The report from Australia’s ABC Four Corners said Peter Dutton, now the home affairs minister, met one-on-one with Huang Xiangmo in a private area of a Chinese restaurant in Sydney. Former Prime Minister Malcolm Turnbull, for one, told reporters on Tuesday that the allegation is “very troubling,” adding that “Peter Dutton has got a lot to explain about this.” Turnbull also said Australia’s current prime minister will need to get involved in the situation: “The buck stops with him. I know what it


The report from Australia’s ABC Four Corners said Peter Dutton, now the home affairs minister, met one-on-one with Huang Xiangmo in a private area of a Chinese restaurant in Sydney. Former Prime Minister Malcolm Turnbull, for one, told reporters on Tuesday that the allegation is “very troubling,” adding that “Peter Dutton has got a lot to explain about this.” Turnbull also said Australia’s current prime minister will need to get involved in the situation: “The buck stops with him. I know what it
Chinese billionaire met with Australia’s Peter Dutton: Report Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: will koulouris, cameron spencer, getty images
Keywords: news, cnbc, companies, dutton, australian, huang, prime, chinese, donations, australias, peter, report, met, meeting, billionaire, minister, party


Chinese billionaire met with Australia's Peter Dutton: Report

China’s influence on Australian politics is again in focus after a media investigation revealed a secret meeting in 2016 between the then-immigration minister and a controversial Chinese billionaire seeking an Australian passport.

The report from Australia’s ABC Four Corners said Peter Dutton, now the home affairs minister, met one-on-one with Huang Xiangmo in a private area of a Chinese restaurant in Sydney. The meeting was set up after the Chinese businessman paid tens of thousands of dollars to a lobbyist, according to the investigation. That’s led to calls for Australia’s current government to look into the matter further.

Former Prime Minister Malcolm Turnbull, for one, told reporters on Tuesday that the allegation is “very troubling,” adding that “Peter Dutton has got a lot to explain about this.”

Turnbull also said Australia’s current prime minister will need to get involved in the situation: “The buck stops with him. I know what it is like to be prime minister and, ultimately, you are responsible and so Scott Morrison has to deal with this.”

Dutton has confirmed the meeting, but denied helping Huang with any immigration issues, according to SBS News.

Still, the Four Corners report is just the latest allegation of large political donors with apparent ties to China’s Communist Party wielding influence within Australian politics.

Back in February, Huang — who is currently in China following a decision to ban him from re-entering Australia — called on both the ruling Coalition and the opposition Labor Party to return over 2.7 million Australian dollars (about $1.9 million) in donations that he had made over the past five years.

In an interview with the Australian Financial Review, Huang called out his treatment as being hypocritical — and questioned the Australian Security Intelligence Organisation’s inference that his membership of groups that were promoting the “peaceful reunification” of China was tantamount to him being an operative of the Chinese state.

“If I am being penalized for promoting the peaceful reunification of China, this is against Australia’s own position as well as its fundamental principles of cultural diversity and freedom of speech,” Huang told the Australian Financial Review.

While Huang’s donations were a contributing factor in the Australian government’s decision to ban foreign political donations in November last year, Chinese-associated donations continue to raise concerns. In December, the New South Wales Independent Commission Against Corruption (ICAC) raided the offices of the state’s Labor Party over A$100,000 in donations by Chinese-Australian nationals.

According to the Australian Broadcasting Corporation, ICAC is currently investigating a trio of individuals — including Huang — in relation to documents seized in the raid.

For more on the meeting, see the report from Australia’s ABC.


Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: will koulouris, cameron spencer, getty images
Keywords: news, cnbc, companies, dutton, australian, huang, prime, chinese, donations, australias, peter, report, met, meeting, billionaire, minister, party


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Consumer inflation could get lift from rising gasoline prices

Consumer inflation probably got a boost from rising gasoline prices in March, but it should not break out above the subdued pace that encouraged the Federal Reserve to keep interest rates on hold when it met last month. Headline CPI will be reported at 8:30 a.m. and is expected to rise 0.3% or 1.8% year over year. He expects headline CPI to rise by 0.4% and core to be 0.2% higher. “People have really gotten excited about the fact that the headline inflation year over year has come off a lot,” sa


Consumer inflation probably got a boost from rising gasoline prices in March, but it should not break out above the subdued pace that encouraged the Federal Reserve to keep interest rates on hold when it met last month. Headline CPI will be reported at 8:30 a.m. and is expected to rise 0.3% or 1.8% year over year. He expects headline CPI to rise by 0.4% and core to be 0.2% higher. “People have really gotten excited about the fact that the headline inflation year over year has come off a lot,” sa
Consumer inflation could get lift from rising gasoline prices Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: patti domm, bauer-griffin, gc images, getty images
Keywords: news, cnbc, companies, average, rising, consumer, harris, lift, rise, minutes, prices, fed, meeting, gasoline, inflation, headline, cpi


Consumer inflation could get lift from rising gasoline prices

Consumer inflation probably got a boost from rising gasoline prices in March, but it should not break out above the subdued pace that encouraged the Federal Reserve to keep interest rates on hold when it met last month.

Both the consumer price index and minutes from that March meeting are scheduled to be released Wednesday. Headline CPI will be reported at 8:30 a.m. and is expected to rise 0.3% or 1.8% year over year. The national average for gasoline is now $2.74 per gallon of unleaded, up from $2.47 a month ago, according to AAA.

The minutes from the Fed’s meeting will be released at 2 p.m., and investors expect a very dovish sounding central bank.

“We’ve had some weak inflation numbers that actually lead to the Fed backing off from hiking rates,” said Ethan Harris, head of global economic research at Bank of America Merrill Lynch. He expects headline CPI to rise by 0.4% and core to be 0.2% higher.

“There’s been some creep in energy prices, and we had pretty weak prices for a while and now there’s a little mini rebound going on,” he said. Harris said one factor affecting CPI in March could be vehicle sales, which were better and also returned to more normal pricing after early winter discounts.

“People have really gotten excited about the fact that the headline inflation year over year has come off a lot,” said Stephen Stanley, chief economist at Amherst Pierpont. “It almost got to 3% last summer and it fell all the way to 1.5 in February, and it should be 1.8, 1.9. It should be 2% in the next month or two.”

Stanley said he expects to see CPI at 0.4% or even 0.5% from the rise in gasoline at the pump, but he said the number is at downside risk because the government is using a new data series to calculate apparel prices in CPI.

As for the Fed minutes, economists expect the central bank to sound very dovish, after it eliminated two interest rate hikes in its forecast for this year.

“I think it’s going to reflect how cautious the Fed was at that meeting, and they really reinforced the idea we’re going to be patient and on hold for a long time,’ said Harris.

He said one thing he is watching for is an explanation from the Fed on inflation and how it expects inflation to average 2 percent, not just hit the target.

“They could put some language in it there that confirms this is an average and not a ceiling and give some idea of what’s an acceptable range around that average,” Harris said. “I think they want to give the message that they understand that inflation varies over the cycle.”

Economists are also watching for detail on what the Fed plans for its balance sheet and what the makeup of securities might be as it ends the program to shrink the balance sheet.


Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: patti domm, bauer-griffin, gc images, getty images
Keywords: news, cnbc, companies, average, rising, consumer, harris, lift, rise, minutes, prices, fed, meeting, gasoline, inflation, headline, cpi


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China calls on New Zealand to provide ‘fair’ investment environment

China postponed a major tourism campaign in New Zealand days before its launch in February. “China also places a high importance on relations with New Zealand and is willing to,” he said. Ardern told Li that she wanted to underline the importance her country placed on its relationship with China. In 2008, New Zealand became the first Western country to sign a free trade agreement with China. “Human rights issues are things that New Zealand routinely raises in our bilaterals with China,” she said


China postponed a major tourism campaign in New Zealand days before its launch in February. “China also places a high importance on relations with New Zealand and is willing to,” he said. Ardern told Li that she wanted to underline the importance her country placed on its relationship with China. In 2008, New Zealand became the first Western country to sign a free trade agreement with China. “Human rights issues are things that New Zealand routinely raises in our bilaterals with China,” she said
China calls on New Zealand to provide ‘fair’ investment environment Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: naohiko hatta, pool, kyodo news, getty images
Keywords: news, cnbc, companies, meeting, zealand, country, chinese, calls, li, china, fair, investment, zealands, ardern, provide, environment, relationship, huawei


China calls on New Zealand to provide 'fair' investment environment

Chinese Premier Li Keqiang called on New Zealand on Monday to ensure a fair investment environment, as he meet Prime Minister Jacinda Ardern whose country has rejected a bid by Chinese telecom giant Huawei to build a 5G mobile network.

Ardern, on a one-day visit to China, said before meeting Li that she hoped to have a dialogue with Beijing about New Zealand’s intelligence agency’s decision to reject the bid.

Ties with China have been tense under Ardern’s government which has openly raised concerns about Beijing’s growing influence in the South Pacific.

China postponed a major tourism campaign in New Zealand days before its launch in February.

“At present, China-New Zealand ties overall are developing in a stable manner,” Li told Ardern at the start of their meeting in Beijing’s Great Hall of the people, noting New Zealand’s desire for good relations.

“China also places a high importance on relations with New Zealand and is willing to,” he said.

“And we hope that we can aspire to the greatest common denominator regarding each others’ interests and that when each sides businesses invest in each other’s businesses, they can enjoy a fair, transparent, convenient environment.”

Ardern told Li that she wanted to underline the importance her country placed on its relationship with China. In 2008, New Zealand became the first Western country to sign a free trade agreement with China.

“It is one of our most important and far reaching relationships,” she added. “We already enjoy a relationship with an impressive and innovative history and a very impressive future.”

Talking to reporters before the Li meeting, Ardern said she would set out the process New Zealand followed in the Huawei decision, and point out that there had been no political or diplomatic influence in the matter.

“This is an opportunity to have a dialogue to talk about the way the process has been undertaken to date and where it currently stands,” she said, adding that some media reports that suggest Huawei is banned in New Zealand are not true.

The interview with reporters was streamed on New Zealand’s 1NEWS.

Ardern has acknowledged there were complexities in the relationship with China, but has dismissed concerns of a rift with New Zealand’s largest trading partner.

The trip has been trimmed down to a one-day visit in the wake of an attack on two mosques in Christchurch on March 15 that killed 50 people.

Ardern said she also anticipated talks around an upgrade to the free trade agreement which has helped the Asian giant grow to become New Zealand’s largest goods export partner.

New York-based Human Rights Watch called in a letter to Arden last week for her to publicly express concern about the situation in China’s far Western region of Xinjiang when she meets Chinese leaders.

China has faced growing international opprobrium over a controversial de-radicalization program in the heavily Muslim populated Xinjiang, where critics say China is running internment camps.

China strongly denies this and calls them vocational training centers, defending its need to de-radicalize a part of the country where the government has blamed Islamist extremists and separatists for multiple attacks in which hundreds have died in recent years.

Ardern said New Zealand has raised the issue of Uighur Muslims in the past but did not specify if it would be discussed in the meetings on Monday.

“Human rights issues are things that New Zealand routinely raises in our bilaterals with China,” she said.


Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: naohiko hatta, pool, kyodo news, getty images
Keywords: news, cnbc, companies, meeting, zealand, country, chinese, calls, li, china, fair, investment, zealands, ardern, provide, environment, relationship, huawei


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Trump met with Google CEO Sundar Pichai to discuss ‘political fairness’ and China

President Donald Trump met Wednesday with Google CEO Sundar Pichai about “political fairness” on the platform and the company’s dealings in China. Pichai is in Washington to address Google’s work in China, where it’s reportedly planning a censored search engine that would comply with the Chinese government’s strict laws for internet use. The Intercept reported Wednesday that the company is conducting a highly secretive internal performance review of the project, code-named Dragonfly. CNBC report


President Donald Trump met Wednesday with Google CEO Sundar Pichai about “political fairness” on the platform and the company’s dealings in China. Pichai is in Washington to address Google’s work in China, where it’s reportedly planning a censored search engine that would comply with the Chinese government’s strict laws for internet use. The Intercept reported Wednesday that the company is conducting a highly secretive internal performance review of the project, code-named Dragonfly. CNBC report
Trump met with Google CEO Sundar Pichai to discuss ‘political fairness’ and China Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-27  Authors: sara salinas, saul loeb, afp, getty images
Keywords: news, cnbc, companies, pichai, reportedly, china, sundar, twitter, ceo, review, president, reported, political, fairness, google, met, discuss, meeting, washington, trump


Trump met with Google CEO Sundar Pichai to discuss 'political fairness' and China

President Donald Trump met Wednesday with Google CEO Sundar Pichai about “political fairness” on the platform and the company’s dealings in China.

“Meeting ended very well!” Trump said in a tweet.

Pichai is in Washington to address Google’s work in China, where it’s reportedly planning a censored search engine that would comply with the Chinese government’s strict laws for internet use. The Intercept reported Wednesday that the company is conducting a highly secretive internal performance review of the project, code-named Dragonfly.

CNBC reported Pichai would be meeting with the chairman of the Joint Chiefs of Staff, Marine Gen. Joseph Dunford, but his meeting with the president had not been previously reported.

“We were pleased to have productive conversations with the President about investing in the future of the American workforce, the growth of emerging technologies and our ongoing commitment to working with the U.S. government,” a Google spokesperson said in a statement.

The meeting appears to be a positive step for the Google executive, who has drawn criticism from Republican lawmakers for what they claim is political bias across Google’s platforms. Trump previously said the company, along with Facebook and Twitter, was “treading on very, very troubled territory.”

Pichai declined to appear before the Senate Select Committee on Intelligence in September, leaving only an empty chair to sit alongside Facebook COO Sheryl Sandberg and Twitter CEO Jack Dorsey. Pichai ended up testifying in December of last year. The meetings in Washington this week could make some necessary amends.

A group of state attorneys general, charged by then-U.S. Attorney General Jeff Sessions to review antitrust concerns among Big Tech, have reportedly focused their efforts on Google in particular.

— CNBC’s Lauren Feiner contributed to this report.

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Company: cnbc, Activity: cnbc, Date: 2019-03-27  Authors: sara salinas, saul loeb, afp, getty images
Keywords: news, cnbc, companies, pichai, reportedly, china, sundar, twitter, ceo, review, president, reported, political, fairness, google, met, discuss, meeting, washington, trump


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Dow set to rise more than 100 points as investors await Fed meeting

ET, Dow Jones Industrial Average futures indicated a gain of 128 points at the open. The Fed is set to kick off its two-day policy meeting later in the day. Market expectations for a rate hike are at zero, with most investors pricing in no change in policy. At its January meeting, the Fed indicated it will be “patient” in raising rates. That shift came after the central bank raised rates in December, sparking concern the Fed may be tightening too fast.


ET, Dow Jones Industrial Average futures indicated a gain of 128 points at the open. The Fed is set to kick off its two-day policy meeting later in the day. Market expectations for a rate hike are at zero, with most investors pricing in no change in policy. At its January meeting, the Fed indicated it will be “patient” in raising rates. That shift came after the central bank raised rates in December, sparking concern the Fed may be tightening too fast.
Dow set to rise more than 100 points as investors await Fed meeting Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: fred imbert, spriha srivastava
Keywords: news, cnbc, companies, expectations, market, dow, report, rise, points, rate, investors, 100, policy, fed, set, futures, meeting, await, rates, tightening


Dow set to rise more than 100 points as investors await Fed meeting

U.S. stock index futures traded higher on Tuesday, broadly supported on expectations the Federal Reserve could strike a dovish tone at its latest monetary-policy meeting.

At around 7 a.m. ET, Dow Jones Industrial Average futures indicated a gain of 128 points at the open. Futures on the S&P 500 and Nasdaq 100 also rose.

The Fed is set to kick off its two-day policy meeting later in the day. Market expectations for a rate hike are at zero, with most investors pricing in no change in policy. However, investors will look for clues on the Fed’s economic outlook.

The Fed is also expected to lower its interest rate forecasts — or “dot plots” — to show little or no further tightening in 2019. With global economic growth appearing to slow, most market participants anticipate the U.S. central bank to adopt a cautious tone.

At its January meeting, the Fed indicated it will be “patient” in raising rates. That shift came after the central bank raised rates in December, sparking concern the Fed may be tightening too fast.

“My expectations are that the Fed will maintain their dovishness,” said Gregory Faranello, head of rates at Roberts & Ryan. “The eyes will be on the dot plot, so I expect some tempering there as well.”

“The one potential are of concern would be if the data was not cooperating with the pivot,” Faranello said. “When we look at what’s going on on a global basis, [Fed Chairman Jerome Powell] has pointed to the headwinds, and those headwinds are still there.”

On the data front, January factory orders numbers are due at 10 a.m. ET.

Meanwhile, on the earnings front, FedEx and Tencent Music are expected to report after the bell.

—CNBC’s Sam Meredith contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: fred imbert, spriha srivastava
Keywords: news, cnbc, companies, expectations, market, dow, report, rise, points, rate, investors, 100, policy, fed, set, futures, meeting, await, rates, tightening


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US Treasury yields mixed as investors await Fed meeting

Market focus is largely attuned to central bank expectations, with the Federal Open Market Committee due to kick-off its two-day policy meeting on Tuesday. With global economic growth appearing to slow, most market participants anticipate the U.S. central bank to adopt a cautious tone. Market expectations for a rate hike are at zero, according to the CME Group’s FedWatch tool. The Fed said in its prior meeting that it will be “patient” and data-dependent when deciding whether to raise rates goin


Market focus is largely attuned to central bank expectations, with the Federal Open Market Committee due to kick-off its two-day policy meeting on Tuesday. With global economic growth appearing to slow, most market participants anticipate the U.S. central bank to adopt a cautious tone. Market expectations for a rate hike are at zero, according to the CME Group’s FedWatch tool. The Fed said in its prior meeting that it will be “patient” and data-dependent when deciding whether to raise rates goin
US Treasury yields mixed as investors await Fed meeting Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: thomas franck
Keywords: news, cnbc, companies, treasury, market, expectations, federal, mixed, central, investors, committee, policy, fed, separate, meeting, yields, await, rate, open


US Treasury yields mixed as investors await Fed meeting

Market focus is largely attuned to central bank expectations, with the Federal Open Market Committee due to kick-off its two-day policy meeting on Tuesday.

With global economic growth appearing to slow, most market participants anticipate the U.S. central bank to adopt a cautious tone. The Federal Reserve is also expected to lower its interest rate forecasts — or “dot plots” — for the remained of the year.

Market expectations for a rate hike are at zero, according to the CME Group’s FedWatch tool. However, investors will look for clues about the central bank’s economic outlook.

“We’re watching 2.54 percent in 10-year yields with keen interest not only because the level represents the bottom of the range and the lowest print since Jan. 2018, but also in no small part because it’s a mere 5 basis points away,” Ian Lyngen, head of U.S. rate strategy at BMO Capital Markets, wrote in a note to clients.

“The simple fact that Treasurys are within striking distance of such a pivotal level as the FOMC convenes to craft a message reiterating patience is telling of investors’ expectations for Powell to essentially dovishly double-down,” he added.

The Fed said in its prior meeting that it will be “patient” and data-dependent when deciding whether to raise rates going forward.

In a separate release earlier this year, Federal Open Market Committee members also mentioned the reduction to the central bank’s balance sheet. The committee issued a separate three-paragraph statement noting that “it is appropriate at this time to provide additional information regarding its plans to implement monetary policy over the long run.”

Investors are also monitoring developments out of Europe. Fresh Brexit uncertainty dragged U.K. sterling to as low as $1.3183 overnight. It comes after the speaker of Parliament ruled that British Prime Minister Theresa May could not put her divorce deal to a new vote unless it was re-submitted in a substantially different form.

May only has two days to secure approval for her deal to leave the European Union if she wants to meet with the bloc’s leaders on Thursday with something to offer them in exchange for more time.

On the data front, January factory orders numbers are due at 10:00 a.m. ET.

– CNBC’s Sam Meredith and Spriha Srivastava contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: thomas franck
Keywords: news, cnbc, companies, treasury, market, expectations, federal, mixed, central, investors, committee, policy, fed, separate, meeting, yields, await, rate, open


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